2024-03-27 09:39:56 ET
Summary
- The Francis Scott Key Bridge in Baltimore was struck by a cargo ship, causing significant damage and loss of life.
- The accident has disrupted major supply chains, particularly in maritime transportation and the traffic situation in the Baltimore area.
- Automotive companies are finding alternative shipping routes, while coal exporters are facing a shutdown of coal exports for at least six weeks.
Introduction
As most of my readers may know, supply chains are a major part of my research.
That's not only because I have a background in supply chains but also because most of my investments are researched with supply chains in mind.
I own railroad companies, aerospace suppliers, energy companies, and others that all play major roles in their respective supply chains.
This article is about a very specific issue impacting supply chains, as the Francis Scott Key Bridge in Baltimore was just struck by a massive cargo ship, which destroyed the bridge and potentially cost the lives of at least six workers....
Read the full article on Seeking Alpha
For further details see:
Ship Happens - Decoding The Baltimore Accident And Potential Trading Ideas